About Punjab National Bank (PNB)
Punjab National Bank is a Banks - Regional company operating in the Financial Services sector. The company is headquartered in New Delhi, India. PNB has been publicly traded since 2002, giving it 24+ years of trading history.
Punjab National Bank (PNB) has been publicly traded since 2002, making it a 24-year-old public company. It operates in the Banks - Regional industry within the Financial Services sector. The company is headquartered in New Delhi, India and employs approximately 102,746 people. With a market capitalization of $1.3 trillion, PNB is one of the largest publicly traded companies.
PNB trades on the Indian stock exchanges (NSE/BSE) and is classified as a mega-cap-cap stock with a market capitalization of approximately $1.3 trillion. The company employs approximately 102,746 people worldwide.
Key Statistics
- Current Price
- ₹111.70
- Market Cap
- ₹1.28T
- 52-Week High
- ₹135.15
- 52-Week Low
- ₹86.62
- Sector
- Financial Services
- Industry
- Banks - Regional
PNB Investment Performance
PNB has declined 9.6% year-to-date in 2026. Over the past 5 years, a $1,000 investment in PNB would have grown to $3,083, representing a 208.3% total return. Since its IPO in 2002, a $1,000 investment would now be worth $17,134.
₹1,000 Invested in Punjab National Bank (PNB)
How much would ₹1,000 invested in PNB be worth today?
What would ₹1,000 invested in PNB 1 year ago be worth today?
A ₹1,000 investment in Punjab National Bank (PNB) in 2025 would be worth ₹1,261 as of May 2026, representing a +26.1% total return.
What would ₹1,000 invested in PNB 3 years ago be worth today?
A ₹1,000 investment in Punjab National Bank (PNB) in 2023 would be worth ₹2,380 as of May 2026, representing a +138.0% total return.
What would ₹1,000 invested in PNB 5 years ago be worth today?
A ₹1,000 investment in Punjab National Bank (PNB) in 2021 would be worth ₹3,083 as of May 2026, representing a +208.3% total return.
What would ₹1,000 invested in PNB 10 years ago be worth today?
A ₹1,000 investment in Punjab National Bank (PNB) in 2016 would be worth ₹1,024 as of May 2026, representing a +2.4% total return.
What would ₹1,000 invested in PNB at IPO be worth today?
A ₹1,000 investment in Punjab National Bank (PNB) at IPO would be worth ₹17,134 as of May 2026, representing a +1613.4% total return.
Monthly Returns Heatmap
Over the past 23+ years (284 months), Punjab National Bank (PNB) has averaged a monthly return of +1.95% with a median return of +0.41%. The stock had 149 positive months (52%) and 134 negative months (47%). The best month in PNB's history was December 2002 with a +60.3% return, while the worst was February 2018 at -40.8%. Historically, December tends to be the strongest month (averaging +6.4%), and February the weakest (-6.0%).
PNB's longest winning streak was 6 consecutive months of gains, while its longest losing streak was 6 consecutive months of losses. The best full year was 2003 with a cumulative return of +145.4%, and the worst was 2018 at -55.0%.
Annual Returns
Over 24 years of trading history, Punjab National Bank (PNB) has delivered an average annual return of +22.87% with a median return of +13.77%. The compound annual growth rate (CAGR) is +10.63%. The stock posted gains in 15 years (63%) and losses in 9 years (38%).
PNB's best year was 2003 with a +244.75% gain, while the worst was 2018 at -54.43%. The longest streak of consecutive positive years was 5, and the longest losing streak was 3 years. PNB achieved double-digit gains (10%+) in 14 years. It suffered double-digit losses in 7 years.
| Year | Return | Start | End |
|---|---|---|---|
| 2026 | -9.61% | ₹123.58 | ₹111.70 |
| 2025 | +23.72% | ₹99.89 | ₹123.58 |
| 2024 | +8.61% | ₹91.97 | ₹99.89 |
| 2023 | +71.81% | ₹53.53 | ₹91.97 |
| 2022 | +54.67% | ₹34.61 | ₹53.53 |
| 2021 | +12.86% | ₹30.67 | ₹34.61 |
| 2020 | -48.64% | ₹59.71 | ₹30.67 |
| 2019 | -17.61% | ₹72.47 | ₹59.71 |
| 2018 | -54.43% | ₹159.03 | ₹72.47 |
| 2017 | +48.46% | ₹107.12 | ₹159.03 |
| 2016 | -0.22% | ₹107.35 | ₹107.12 |
| 2015 | -45.86% | ₹198.28 | ₹107.35 |
| 2014 | +78.07% | ₹111.35 | ₹198.28 |
| 2013 | -25.43% | ₹149.33 | ₹111.35 |
| 2012 | +14.69% | ₹130.20 | ₹149.33 |
| 2011 | -34.78% | ₹199.63 | ₹130.20 |
| 2010 | +37.95% | ₹144.72 | ₹199.63 |
| 2009 | +77.45% | ₹81.55 | ₹144.72 |
| 2008 | -18.66% | ₹100.26 | ₹81.55 |
| 2007 | +33.73% | ₹74.97 | ₹100.26 |
| 2006 | +10.84% | ₹67.64 | ₹74.97 |
| 2005 | +17.40% | ₹57.61 | ₹67.64 |
| 2004 | +69.07% | ₹34.08 | ₹57.61 |
| 2003 | +244.75% | ₹9.88 | ₹34.08 |
PNB Investment Analysis: Valuation, Risk & Dividends
Key factors to consider when evaluating Punjab National Bank as an investment
Valuation
PNB currently trades at a trailing P/E ratio of 7.2, which is considered low relative to the broader market. The forward P/E of 6.9 suggests analysts expect earnings to be lower in the coming year. The price-to-book ratio stands at 0.9. The price-to-sales ratio is 2.5.
Dividends
Punjab National Bank pays a dividend to shareholders with a current yield of 2.60%. This translates to $2.90 per share annually. The payout ratio of 19% indicates sustainable dividend coverage.
Risk & Volatility
PNB has a beta of 0.43, indicating it is less volatile than the overall market. The stock's 52-week range is $86.62 to $135.15, and it currently trades in the upper half of its 52-week range.
Analyst Ratings
Based on 17 analyst opinions, PNB has a consensus "none" rating. The average price target of $131.76 suggests 18.0% upside from current levels.
Frequently Asked Questions: PNB
What sector is PNB in? ▼
PNB operates in the Financial Services sector, specifically in the Banks - Regional industry. This sector includes banks, insurance companies, asset managers, and fintech companies.
How has PNB performed historically? ▼
Over 24 years of trading history, PNB has posted gains in 15 years (63% of the time). The best year was 2003 with a +244.8% return. Past performance does not guarantee future results.
How can I invest in PNB? ▼
You can invest in PNB through any brokerage account that offers access to Indian exchanges. Popular options include commission-free brokers like Fidelity, Charles Schwab, or Robinhood (US), or international brokers like Interactive Brokers. You can buy individual shares or invest through ETFs that hold PNB.
Does PNB pay dividends? ▼
Punjab National Bank pays a dividend to shareholders with a current yield of 2.60%. This translates to $2.90 per share annually. The payout ratio of 19% indicates sustainable dividend coverage.
What does Punjab National Bank do? ▼
Punjab National Bank is a Banks - Regional company operating in the Financial Services sector. The company is headquartered in New Delhi, India.
What sector is PNB in? ▼
PNB operates in the Financial Services sector, specifically in the Banks - Regional industry.
When did PNB go public? ▼
Punjab National Bank went public in 2002, making it a 24-year-old public company as of 2026.
How much would $1,000 invested in PNB 5 years ago be worth today? ▼
A $1,000 investment in PNB five years ago would be worth approximately $3,083 today, representing a 208.3% return.
Does PNB pay dividends? ▼
Yes, Punjab National Bank pays a dividend with a current yield of 2.60%, which is $2.9 per share annually.
What is PNB's market cap? ▼
Punjab National Bank has a market capitalization of $1.3 trillion, classifying it as a mega-cap company.
What is PNB's P/E ratio? ▼
PNB has a trailing P/E ratio of 7.2 and a forward P/E of 6.9, which measures how much investors are paying per dollar of earnings.
Is PNB a buy, hold, or sell? ▼
Based on 17 opinions, PNB has a consensus "none" rating. The average price target is $131.76.
Last updated: 3/14/2026